I have listed a new property at 606 6834 59 AVENUE in Red Deer. See details here
This affordable home offers great potential as a starter property or investment opportunity! It features two spacious bedrooms and a bright, open-concept living/dining/kitchen area. Beautiful island in the kitchen, butcher board top and two comfortable stools. The additional closet space in both bedrooms, and a sunlit solarium add to the appeal. Additionally, there's a large addition currently being used as a third bedroom. The land lease fee is $860 per month, which covers water, sewer, and garbage. The two bedrooms are currently generating $1,700 per month in rental income ($700 for the second bedroom and $1,000 for the third). Tenants will be out as of March 1st. All furniture is negotiable. Outside, you'll find a good-sized rear yard with storage sheds, and the property backs onto a playground! Images are a mix of current and from 2023, with many improvements made since—this is a must-see!